CRIMINAL LIABILITY OF LEGAL PERSONS: LAW 20.393
Law 20.393 establishes the criminal liability of legal entities in Chile, marking a milestone by making companies and institutions responsible for certain crimes committed for their benefit. This legal framework not only reinforces compliance with Chile’s international commitments, such as the OECD Anti-Bribery Convention, but also promotes transparency and business ethics. WHAT CRIMES ARE COVERED […]
DOUBLE TAXATION AGREEMENTS IN CHILE
WHAT ARE DOUBLE TAXATION AGREEMENTS? Double Taxation Agreements promote collaboration between the tax authorities of the Contracting States. In addition, the existence of the agreements makes Chile more interesting for foreign investors and, on the other hand, stimulates Chileans to invest in other countries. They facilitate the flow of investments, since it is known in […]
What is new about Karin’s Law?
The present Law 21.643, which amends the Labor Code and other legal frameworks, seeks to improve the mechanisms for the prevention, investigation and punishment of labor harassment in companies, in addition to establishing psychological interventions for the victims during the entire investigation process. Likewise, it expressly determines definitions for the following concepts: sexual harassment, labor […]
VAT exempt services
The Internal Revenue Service, in its Circular No. 50, provides instructions on the modifications introduced with respect to the basic fact of service contained in Article 2° N°2 of the LIVS, being “the action or service that a person performs for another and for which he/she receives an interest, premium, commission or any other form […]
40 Hour-law
This regulation seeks to reduce the extension of the working day from 45 hours to 40 hours per week, through a progressive application, restricting the exclusion of the working day of Article 22, paragraph 2, of the Labor Code only for those who perform senior management tasks and for those who are not subject to […]